Next Century Growth Investors LLC

Item 5         Fees and Compensation

NCG charges an advisory fee that is based on the fair market value of the portfolio assets that are
under management, as described in each client’s Investment Management Agreement. The fees are
payable quarterly, in arrears. NCG provides client fee invoices quarterly. Clients can choose to have
fees deducted directly from their custodial accounts or to have us bill them directly.

The standard annual management fee schedule for institutional accounts is as follows:

Micro Cap Growth
1.00% on all assets

Small Cap Growth
1.00% on assets up to $50 million
0.95% on the next $50 million
0.75% on assets above $100 million

SMID
1.00% on assets up to $50 million
0.60% on the next $50 million
0.45% on assets above $100 million

Large Cap Growth
0.50% on all assets

Small/Micro
1.00% on assets up to $50 million
0.95% on the next $50 million
0.75% on assets above $100 Million

The standard annual management fee schedule for non-institutional (individuals) accounts is as
follows:

1.25% on assets up to and including $10 million
1.00% assets in excess of $10 million

                                  Next Century Growth Investors, LLC
                                          Form ADV Part 2A
                                           March 25, 2026

NCG negotiates its fees under certain circumstances. Some clients pay less than the standard fee
schedule depending on certain factors, including but not limited to, the type and size of the account
and the total amount of assets managed for a single client.

NCG acts as a sub-adviser with respect to certain client accounts (including a UCIT fund registered
in Central Bank of Ireland, RiverPark/Next Century Growth Fund and RiverPark/Next Century
Large Growth Fund). In such cases, NCG generally charges a negotiated annual management fee
lower than the fees described above, which reflects NCG’s status as a sub-adviser.

In addition to our advisory fees, clients will pay brokerage charges and custodial fees and also any
taxes or other costs incidental to the purchase or sale of securities. Upon termination of an
advisory agreement with NCG, the termination date will be used as the basis for determining the
final charge for investment management services rendered. Fees will be prorated on a daily basis
to the termination date and any earned but unpaid fees will be promptly billed to the client.

Please see Item 12 for a discussion of our brokerage practices.

Item 7         Types of Clients

NCG provides portfolio management services to high net worth individuals, partnerships,
corporations, corporate pension and profit-sharing plans, foundations, endowments, state or
municipal government entities, registered mutual funds and private investment funds.

                                  Next Century Growth Investors, LLC
                                          Form ADV Part 2A
                                           March 25, 2026

When we provide investment advice to clients regarding a retirement plan account or individual
retirement account, NCG is acting as a fiduciary within the meaning of Title I of the Employee
Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code, as applicable, which
are laws governing retirement accounts. The way NCG makes money creates some conflicts with
the client’s interests, so NCG operates under a special rule that requires the firm and its personnel
to act in the client’s best interest and not put our interest ahead of yours.

Under this special rule’s provisions, NCG must:

          Meet a professional standard of care when making investment recommendations (give
           prudent advice);
          Never put our financial interests ahead of yours when making recommendations (give
           loyal advice);
          Avoid misleading statements about conflicts of interest, fees, and investments;
          Follow policies and procedures designed to ensure that we give advice that is in your
           best interest;
          Charge no more than is reasonable for our services; and
          Give you relevant and complete information about conflicts of interest.

The standard minimum account size for all institutional separate accounts is $5 million; however,
NCG may agree to manage separate accounts below our stated minimum account size. NCG does
not have a minimum account size for individuals that establish a separate account.